Work on the Power of Siberia pipeline, which will deliver gas to Beijing. (Gazprom) Companies & Finance

Siberian gas set to shore up Beijing’s supply mix

Gas from a Rosneft subsidiary looks set to be piped to Beijing early next decade following a deal with the major gas distributor for China’s capital.

By Tang Tian 19 July 2017
LNG

Pipeline sales increase on SHPGX in June

Pipeline gas transactions rose to 2.62 bcm on China's SHPGX in June, while LNG trades fell to 54,780 tons.

5 July 2017
Alternative Fuels

China’s dirty coal use to drop to 191 mtpa by 2025 – Woodmac

The volume of ‘sanmei’, or ‘dirty coal’, used by China is expected to decline from 650 mtpa in 2012 to 191 mtpa in 2025.

4 July 2017
Supply & Demand

PetroChina sees gas sales surge in southern China

PetroChina has reported that its south China sales branch sold 5.85 billion cubic metres of gas in the first half of this year, up by 11% year on year.

4 July 2017
Exploration & Production

CNPC drills China’s longest lateral

China National Petroleum Corp. has drilled a horizontal well with a lateral length of approximately 2.5 km – a new record for China.

4 July 2017
Pipelines, Storage & Power

Gas pipeline explosion leaves eight dead and 35 injured in Guizhou

At least eight people have died and another 35 were injured in a gas pipeline explosion in southwest China’s Guizhou province on Sunday.

3 July 2017
LNG from coke-oven gas is struggling to compete with imports. (CNOOC) LNG

China LNG producers back away from coke-oven gas

China’s war on pollution and the fierce competition in the LNG market have paused the development of liquefaction plants that use coke-oven gas as feedstock.

3 July 2017
Exploration & Production

China to allow foreign investment in unconventional gas projects

China has lifted restrictions on foreign investment in certain sectors, including unconventional oil and gas development.

29 June 2017
LNG

Trucked LNG sales fall at Rudong terminal

Competitively priced LNG at China's Qidong and Ningbo terminals caused sales at Rudong to drop to 50 truckloads last week

29 June 2017
Pipelines, Storage & Power

Zhejiang Energy launches new gas pipeline

Zhejiang Energy launched a gas pipeline in the province of Zhejiang on Wednesday connecting the cities of Ningbo, Taizhou and Wenzhou, according to local media.

28 June 2017
ENN storage facility. The company’s returns are below the cap. (ENN Energy) Policy & Regulation

Higher returns cap placates Chinese gas distributors

Lobbying by China’s urban gas distributors has paid off, after the Chinese government announced a more favourable limit on investment returns.

28 June 2017
LNG

LNG transactions double on China’s SHPGX

LNG trades on the SHPGX doubled last week from the previous week, to 12,360 tons, while pipeline sales dropped to 502 MMcm.

28 June 2017
Supply & Demand

Chongqing consumption up nearly 10% in 2017 so far

Chongqing in China consumed 4.07 billion cubic metres of gas in the first five months of 2017, a year-on-year increase of 9.3%.

27 June 2017
Supply & Demand

Chinese gas demand could grow 3% by 2030 – report

China’s gas demand could rise by more than 3% per year on average until 2030, while grow in western countries could fall below 1%, the Chinese Academy of Social Sciences has claimed.

27 June 2017
Policy & Regulation

Jilin capital to cut retail gas prices by RMB 0.04/cm

Changchun, the capital of China’s Jilin province, will cut non-residential retail gas prices by RMB 0.04 per cubic metre from 1 July.

27 June 2017
LNG

Asian spot LNG prices continue to slip

Average spot prices for LNG imported by Japan, South Korea, China and Taiwan fell by 0.92% last week from the previous week.

27 June 2017
A truck carrying an ISO-size LNG tank. (Chart) LNG

Container LNG cargoes expand China’s import options

The lowest spot LNG prices in years have made containerised LNG a workable option for China's budding small-scale importers.

26 June 2017
Pipelines, Storage & Power

Sichuan-Shanghai pipeline ships 6.5 bcm so far this year

Sinopec’s Sichuan-Shanghai Pipeline had supplied 6.5 billion cubic metres of gas this year as of 21 June, the company said.

23 June 2017
Policy & Regulation

China caps gas transmission investment yields at 7%

China has set a cap on investment yields for downstream gas transmission at 7% – higher than the expected 6% but lower than the current average of 10%.

23 June 2017
Companies & Finance

China Gas Holdings reveals plan to boost urban sales by 30%

China Gas Holdings aims to increase urban gas project sales by more than 30% on an annual basis in the current financial year and by more than 25% in the next two financial years.

22 June 2017
Exploration & Production

China extracts 235 Mcm from methane hydrate deposits

China has extracted about 235 thousand cubic metres of gas from methane hydrates in the Shenhu area of the South China Sea since mid-May, beating expectations

22 June 2017

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